This was the first time I could remember the VIX telegraphing a spike like today's. Watching the Shangai index yesterday evening was very telling, and the European markets followed suit. That said, I was out @ 10% & did not see this going up another 25% by the EOD. Besides shorting the VIX @ 20+, what stocks do you feel are the biggest dogs out there right now? NFLX, GWPH, NBIX, & AMBA have had a helluva run up this year. I'd like to hear some of yours because you seem to possess a wealth of knowledge as a bear investor. I hope to hear from you soon & have a nice evening.
Might as well show some proof at this point. Do you have a stockwits account? You can post a screenshot displaying your position. Either that, or you'll never get the pat on the back you were expecting.
Looks like whoever shorted from $5 & under has done quite well.
Not celebrating the fact that short sellers are still in control, but they indeed are.
The more this stock runs sideways after dropping considerably is not good.
Shorts sellers are just reloading their guns & won't stop until this thing is $3 or less.
Don't be greed, especially if you've been holding since before this week.
At least sell a portion & live to earn another day.
20% in 2 days is very nice & nothing to sneeze at.
They haven't been able to drop this to $5 or less & it's becoming quite obvious that they can't!
They are wasting their time & money.
Unfortunately, it seems that you are right.
The wolves are guarding the sheep.
A technical trader friend of mine was telling me to go heavy into this on Thursday, March 26th!!!
I haven't been able to get in touch with him since I laughed him off the phone!
Great analysis & very valid points.
Cramer is a very well paid reactionary.
However, you should've just left the JFK comment out of your closing statement.
How else would the most powerful man and supposed leader of the free world be assassinated on live TV?
Please don't admit that you believe the "lone gunman" theory because it just wasn't possible.
Even without any knowledge of the events/circumstances or the BS Warren Commission, the lone "nut-job" assassin got whacked by a mobster from "point blank" on live TV surrounded by law enforcement authorities.
You just can't make this #$%$ up!